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home / news releases / PLAN - Anaplan: Not A Cool Kid In Pandemic Times


PLAN - Anaplan: Not A Cool Kid In Pandemic Times

Amidst pandemic-related uncertainties and recent sales execution issues, Anaplan (PLAN) reported financial results for its first quarter of fiscal 2021. The most shocking highlights were a historically low net retention rate of 117% and a growth in calculated billings of 10% - down from 25% last quarter, which was itself a poor result. These figures suggest that the company is having a difficult time due to the coronavirus pandemic, and the market didn't think before selling on the news. In fact, the stock was down up to 10% in the after-hour market of the

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Stock Information

Company Name: Anaplan Inc.
Stock Symbol: PLAN
Market: NYSE
Website: anaplan.com

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